Indian property company to list in London

Ishaan Real Estate, which will invest in development projects run by K Raheja Corp, seeks to raise $340 million.

Investors looking for exposure to the Indian real estate sector will have another choice this week through a property investment company that aims to list in London.

Ishaan Real Estate PLC, which starts its roadshow today, is essentially a listed fund with an initial portfolio of eight property assets that will be majority owned and developed by K Raheja Corp, one of IndiaÆs leading real estate developers. K Raheja Corp, which will also be a shareholder in the listing...